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<br />I <br />I <br />I <br />I <br />Ir <br />I <br /> <br />L <br /> <br />I <br /> <br />84,~ 005718 <br /> <br />If Lender required mortgage insurance as.Jl condition of making the ioan secured by this Security Instrument, <br />Borrower shall pay the premiums required 10 maintain Ihe insurance in effect until such lime as the requirementcfor Ihe <br />iGsurar~e lenn~n=~es. in ac-ccrd3:ncewi-th Borrow~f's and under's written a-grecment--or applicable- law. <br />g, Inspeclion, Lender or ils agent may make reasonable enlries upon and inspections of Ihe ProP<'rty, Lender <br />shall give Borrower notice althe lime of or prior 10 an inspection specifying reasonable causelor the inspection. <br />Y. Condemnation. The proceeds uf any awani or cia-1m iot oamage$~-d.ic';l uf,i;uh5ci[uemiali-irt \:v.'1na;iiv~-_;;it~ <br />any condemnation or olher taking of any part of the Property, or for conveyance in lieu of condemnation, areh""eby: <br />assigned and shall be paid to under, ' <br />In Ihe event of a lotaltak.ing of the Property, Ihe proceeds shall be sppHed to the sums secured by this-Security <br />Instrument, whether or nor then due. with any excess paid 10- Borrower. In_- the event ofa. paiiiai__taki~5 vrth~"rfO~tt~~ <br />unless Borrower and Lender olherwise agree in writing. the sums secured bylhis SecuritYlnstrumentshaltbe'~;le!!d:br <br />Ihe amounl of Ihe proceeds multiplied by Ihe following fraction: (a) Ihe tQtal amount of the sumssecu~irillliedilit~ly <br />before lhe ,aking, divided by (bl ,be fa.r markel value of the ProP<'rty immedialely beforetbetakini Anybalal1ce$/J:il.lf.'bt' <br />paid 10 Borrower. <br />If the Property is abandoned by Borrower, or if, after nOlice by Lender to Borrower tbatthei:Ondenll1fll'~iqc- <br />make an award or sell Ie a claim for damages, Borrower fails to respond to Lender wilhin30daysaftenhedl1ctetll~tnOlicejs'-,' <br />gi"en. Lender is authorized to collecl and apply the proceeds. at its option. either to restoration or repair of.the-Projl'lrtYor; " <br />to the sums secured by Ihis Secunty Instrument, wbetheror not then due, '. .':' .',' '.,' " <br />Unless Lender and Borrower olherwlse agrtt in wriling, any <"'cation of proceeds to principll!shall:t'lQt;~~~:':~ <br />postpone the due date of Ihe monthly payments referrM iO in f''' '.;"'i"l5 I and 2 or c~ thellmountors~~)'l'lII:lI~;-: <br />10. Borrower Not R"Iea.sW: Forbea.....~ By IAntl"h ""t a Waiver. EXlensionoflhe t ," <br />modification of arr~rtlz.stion of the sums. St'".:ur~ by this Security ins-ttument--gra.~tettby' Under- <br />'nteresl of Borrower shaU not oP<'tate to release the liability of the original Borrower or Borrower's s\l<:C.esS(lr$il\iill~!:' <br />Lender ,haU nol be required 10 commence proceedings against any successor in interestorrcfusetoeklC!1d;tllli!"fOl" <br />paymc-ni ,l,.)f othef'Wis.: modify amQI'UZaih)1I dfthc sums secured by this Security fnsln1inentb,-r.ealiOn,ofa~~"~~4~~;(: <br />by ,he ongmal Borrower or Borro_r's successo" in interes!. Any forbearance by Lender in !lxercisinganyrillltt;or~;;-;; <br />.hall not be a wa"ero[ or pr""ludetheexerclscofany righl or rem<'lly" . " ' ',',',::,;:< <br />II. Suecessors and Assigns Bound; Joint and Se.el'lll Liability; Co-signers. The covenanlS, anda8rctmCll!tQ{c" <br />Ih" Securny Instrument shall bind and hc:nefillhe successors and assigns of Lender and Borrower;subjc!:ttotbtpro~.. ' <br />of paragraph 17 Borrower's cownants and agreements shall be joint and seveml. Any Borrower'who C(>>sillntll\ls~ril",/ <br />lnmument but d"", nOI execute ,he NOle: (a) IS co-signmg this Security Instrument only to mortgilllc.Jllllltl\ll4'conY!!)!: <br />IhatBorrow"r's ,meresl in Ihe Property und" the temlS of thIS Security Instrument; (b) is not pelSOnallyobligallilll.tli!.pay <br />the sums secured by ,his Security Inslrumenl; and (c) agrees that lender and IIny olher Borrower m.yagrce''to.~'' <br />modify, forbear or make any accommodallons wllh regard 10 Ihc terms of this Security InSlrumcnl or the.Nol~w\tho\it;, <br />that Borro\\"C'r's consent. . <br />12, Lou Charaes, Ii the loan secured hy this Secunly Instrument is subject to a Ill", which sets llWlillium~" <br />rh~rR~_ ;il1<1 _th:u law is. finaHv m'rrrore~ed ~\ IhS1 Ihe tntt'.~t (lr nlw-r lr_'uul-(',h;u6'5-coUecled DC' It) br.'_-~ll!cted-~~~~_ :" <br />conn'a:llo~ ~'nh Ihe loan exc~ the ;";";med hlOlts.. Ihen: (~) any su~h io~ chargesh~lIberedueedbYI~.a~ <br />neee.",ry 10 reduce the charge 10 the permiued limit; and (b) allY sums already collected from BQ"owerwlW;h'~' <br />pennllled hm", WII! be refunded to Borrower, Lender may choose to make Ihis ...,fund by redw:illlllhe priflCipltllr4lied <br />under the Note or by maklllg a duect payment to Borrower, If a refund reduces principal. Ihereduelion",iIl be trellteclas'. <br />pant3! pr~paymr-nt \\1thout any p~yment charge under the Note. <br />)3, Legislation Affecting under's Rights. If enactment or expiral10n of applicable la'\Vi has t~ ~.of, <br />r~ndenng any prOVISIon of the Note or this Security Instrument unenforceable- according. t.o its t~rnl$.,lender. al.its-:,9Pl.~' <br />ma~ requII' immediate l'.yme11t m full of all sums ,e.:ured by this Security Instrument and may invoke any rClllllllic$, <br />~rmH IN t, P';~ili.:;i.ph !~. !f L~~!'!' ~.~r\-"~ (hi... o!Jtion. under shall take the steps specified in the ~"ODti paraltaph of' <br />paragraph !7 <br />14. ,",otiCft, Any nOllce 10 U<lffower I'mvlded for mlhis Securny Instrumenl shall ,be given by deliverilll it or by <br />m.llmg " by fir" class m.,1 unless applicable I.... require.; U!>e of anolher method, The notice shall be di_ted 10 the <br />Property Addres, or any other address Borrower designates by notice to Lender, Any nOlice to Under shall beaiven by <br />tlrS! cia" ",.,1 to Lender's .ddr"" stale<! herem or any other add....s Lender designates by nQtiCelo Borrower. AllynQtic<: <br />pwnde<! for Illlhrs $e.:umy Instrumenl shall be d""med to ha"e been !liven 10 Borrower or Lender when given lIS provided <br />In lhr~ puragraph <br />IS, Go.eminll La...; Severability, ThIS s.xunty Instrument shall be governed by federal law and the law of the <br />Jun"ll~'lOn III whIch Ihe P<OP<'rty is i(lcat~d, In Ihe e,ent Ihai any pro"ision or clau.e of this Securit), Instrument Or the <br />NOle contllcts ,,"h appli.;able law. such conflict shall nol affect (llher provisions of this SecurilY Instrumenl or Ihe Note <br />Whlth can be: given df~l withOUl the Io7ontllcHng proviSion. To this t'od the pn.J\IStons oflhis Security Instrument and the <br />~ot~ arc det:lared to b(' sevt:rable. <br />16, Borro..er's Copy. Borrower shaU be gIVen one conformed copy of Ihe No'e and or Ihis Security Instrument <br />)7, TraMfer or Ihe Property or u Ilenelieial Interesl in Horrower, If aU or any pan of Ihe Property or allY <br />intere'!'!oi 10 it l~ Mild or Iransf~rred {Of if a beneficial mler~t in Borrower is. suld or trau.!iferred and Borrower 1S nOI 3. natural <br />person) wHhoUllemler's poor wriucn L'on~1H. Lender may. ~t its. option. requlre Immediate payment In full ofaH sums <br />,""ured by th.s Security In,trumenl. Howeve" IhlS ,)pHOn .haU nOI be e"erc"ed by Lender ,f exercise is prohib'led by <br />fede....llaw as of the dale of Ih.s Securll v InStrUmenl <br />If under e""rd"", thrs opHon, Lender shall gIve Borrower noHce of accder.Hon The noHc~ shall provide a period <br />o( not les,lhan 30 days from the dalelhe noHee is dehvere<! or made<! w,thm whIch Borrower must pay all 'UlIlS secure.! by <br />!hlS S<<-unty Instrument. If Borru'Wer fails to pay th~ sums pnor h) lh(' c:\p\fation of this period. Lrndcr may invoke an} <br />'emenre> pefmllled by thIS Security In,lrument wllhou' further nmic'c or demand on Ilorwwcr, <br />Ill. Bouo_f's RJlhtto Reinmle. If Harro..er mee1S c~rta'n ~ondlUolls, IlNfl'Wer ,hall ha'~ the fight to have <br />ellforcement of thIS Secunty Instrumenl dIscontinued al any tillle prior It' the ear her (If: (a) ~ cluy' (or sllch other penod as <br />apphCltble I... may ,peclf) for reinstatemenll before sa!" of the I'mperty pursuan' III llny pow" of sak conl.mea '" !1m <br />S~urtl) In~Humeflt Of (b) entry of' a judgment rl\f~)r~mt ,hl$ Sc-{:urity Instrurtll'HL Those (i,HlduiOns ar..: that Unrro\\'el' <br />(I) P.:l)''\ Lender aU \urn$- ..hii;h then w~)uld be dlK' under !tH\ Security IOSo-lfumenl and Ihe Note had U,I ;lCcdt"n\Ih.Hl <br />oc~'urr~t (b) ~ur<< any 1.ltf.uh lJf dn) other \:\H.emulls or agr~t:nHmb; (;.:..) r~')'~ ,;.tU t:\()('n\ts Uh..'Uf!'OO 111 t'nforclIlg thIS <br />Sttunty In.\\nHll~ttt, indudil1tt. ~1t m., hfl.Htt..'d to. feot~)f1~hle ,iHnrlH:)"; ft"t'~: ~Hld hH tak\:, \Ul.:h 3\.'(H'tB ll~ Lender muy <br />fC.a\Qf1Abt) ft-qUU(' \0 ~P..'i.lH(' lhilt thoe hen ;J{' thiS ~uri1~ 1;,i>tfUi11\"l\t, 1 enu-er',\ qghh HI 11\, )'rop<rly .IIHl lklHtm...'r', <br />obli&.dlH,m Ii} j~~} thr \um\- -"'e:r.:vroJ hj thl". s...'unty In\H\..Hl1t:ni ..hail ,,','fllIIl\J\" \.HH:hillil;t:'i.t t:-t'ot.Hl !~'lfl\ta[t:'nlt..'nl p~ <br />R,.'lrfo.",;._ thn S-t\;\inl~' In;-,.trumtf}-l :.Ul,d t~\C obltgahon~ ~U{(':-J- htrd.~v !'hali H.'HUIH\ fuB,. c:rk'\:tl\'C "... If n.!,) ~\,:",-('lef:HJ''-l[l hih! <br />,X'\: Uf t~d H(!.....,otli.~f. tiH$ (lgbt iH rcuntatt ...haJj rtoi apply Hi the \"~I"C ,-,f .K<:elt-t;tiHnl under pM ~.gr.ip-h" l ,i. (!\ j ~ <br /> <br /> <br />'.:'.,:.-' ~ <br /> <br />:~:, <br /> <br />:..-..,>~} <br />